05 FEB ,Delhi: Multiple initiatives to be launched in field of Green Energy
E20 fuel to be launched at 84 retail outlets of Oil Marketing Companies in 11 States/UTs
Green Mobility Rally to be flagged off to create mass awareness for clean fuels
PM to dedicate the twin-cooktop model of the IndianOil’s Indoor Solar Cooking System – a revolutionary indoor solar cooking solution that works on both solar and auxiliary energy sources simultaneously
Prime Minister will inaugurate the India Energy Week (IEW) 2023 in Bengaluru, Karnataka, tomorrow. Being held from 6th to 8th February, IEW is aimed to showcase India’s rising prowess as an energy transition powerhouse. The event will bring together leaders from the traditional and non-traditional energy industry, governments, and academia to discuss the challenges and opportunities that a responsible energy transition presents. It will see the presence of more than 30 Ministers from across the world. Over 30,000 delegates, 1,000 exhibitors and 500 speakers will gather to discuss the challenges and opportunities of India’s energy future. During the programme, Prime Minister will participate in a roundtable interaction with global oil & gas CEOs. He will also launch multiple initiatives in the field of green energy
The ethanol blending programme has been a key focus areas of the government to achieve Aatmanirbharta in the field of energy. Due to the sustained efforts of the government, ethanol production capacity has seen a six times increase since 2013-14. The achievements in the course of last eight years under under Ethanol Blending Programe& Biofuels Programe have not only augmented India’s energy security but have also resulted in a host of other benefits including reduction of 318 Lakh Metric Tonnes of CO2 emissions and foreign exchange savings of around Rs 54,000 crore. As a result, there has been payment of around Rs 81,800 crore towards ethanol supplies during 2014 to 2022 and transfer of more than Rs 49,000 crore to farmers.
In line with the ethanol blending roadmap, Prime Minister will launch E20 fuel at 84 retail outlets of Oil Marketing Companies in 11 States/UTs. E20 is a blend of 20% ethanol with petrol. The government aims to achieve a complete 20% blending of ethanol by 2025, and oil marketing companies are setting up 2G-3G ethanol plants that will facilitate the progress.